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is surplus into a huge deficit. in n. paying deficit down you should score the fact we are coming out of iraq and afghanistan. the other thing that the president has proposed and that he he understands is we cannot cut our way to prosperity. we need a balanced approach and growing our economy by doing things leak the senator opposed like restructuring the auto industry in order to put people back to work and make manufacturing jobs grow is one of the actions we need to take in order to do that. the fact of the matter is the president because he has the responsibility of office has been specific about what he proposes and mitt romney tells us to trust him. his plan is hiding behind door number three with carroll merrill and his undisclosed tax returns. >> chris: i'm glad you practiced the line. >> the lines are great. his budget tax increase on job creators. budget gimmicks brings us to $25 trillion in debt over ten years. this president has added more are debt than any other president -- >> not true. >> he said he w
is surplus into a huge deficit. in n. paying deficit down you should score the fact we are coming out of iraq and afghanistan. the other thing that the president has proposed and that he he understands is we cannot cut our way to prosperity. we need a balanced approach and growing our economy by doing things leak the senator opposed like restructuring the auto industry in order to put people back to work and make manufacturing jobs grow is one of the actions we need to take in order to do that....
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Oct 12, 2012
10/12
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics? do you have the -- know exactly what you're doing? >> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopho
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you...
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Oct 7, 2012
10/12
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our surplus, into a huge deficit. so, in paying the deficit down, you should score the fact that we are coming out of iraq and afghanistan. and, the other thing that the president has proposed and understands, is, that we cannot cut our way to prosperity. we need a balanced approach. and, growing our economy, by doing things like the senator does, like restructuring the auto industry, in order to put people back to work, and make manufacturing jobs grow, is one of the actions that we need to take, in order to do that. but, the fact of the matter is, the president because he has the responsibility of office, has been specific about what he proposes and mitt romney tells us, to trust him, with his plan, it is hiding behind door number 3, with carol merrill and his undisclosed tax returns. >> you know... really, the lines are great, but, chris, the bottom line is this: his budget, tax increase on i don't believe creators, budget gimmicks, and, brings us to $25 trillion in debt over ten years. in fact, this president has
our surplus, into a huge deficit. so, in paying the deficit down, you should score the fact that we are coming out of iraq and afghanistan. and, the other thing that the president has proposed and understands, is, that we cannot cut our way to prosperity. we need a balanced approach. and, growing our economy, by doing things like the senator does, like restructuring the auto industry, in order to put people back to work, and make manufacturing jobs grow, is one of the actions that we need to...
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Oct 12, 2012
10/12
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it's not the deficit, it's the economy, wall street, meltdown. he starts talking about we put iraq, afghanistan, wars that biden himself voted for, he went down the wrong route after introducing a good point there. >> paul ryan didn't push him on that, wasn't quick enough to recognize -- >> you voted to are that, sir. >> that would have been painful. the stimulus letter discussion was absolutely devastating. >> i love my friend here. i'm not allowed to show letters. go on our website. he sent me two letters saying, by the way, can you send me stimulus money for companies here in the state of wisconsin? we sent millions of dollars. >> you did ask for stimulus money? >> on two oaks we advocated for constituents who were applying for grants. that's what we do. we do that for all constituents. >> i love that. i love that. >> i love that, too. once again, obstructionist republicans opposing policies that they actually support and know will be valuable for americans. >> the romney team had a bit of an issue this week, romney had a multiple choice situa
it's not the deficit, it's the economy, wall street, meltdown. he starts talking about we put iraq, afghanistan, wars that biden himself voted for, he went down the wrong route after introducing a good point there. >> paul ryan didn't push him on that, wasn't quick enough to recognize -- >> you voted to are that, sir. >> that would have been painful. the stimulus letter discussion was absolutely devastating. >> i love my friend here. i'm not allowed to show letters. go...
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Oct 12, 2012
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my-- the idea that they're so concerned about these deficits. as i pointed out, he voted to put two wars on a credit card. he did. >> we're going to the closing statements. >> just a second. >> you're going to have your closing statement. >> not raising taxes is not cutting taxes. by the way our budget. >> we have not raised taxes. >> 3% a year instead of $4.5%. >> not spend-- >> let me-- i want to talk to you very briefly before we go to closing statements about your own personal character. if you are elected, what could you both give to this country as a man, as a human being, that no one else could? >> honesty. no one else could? there are plenty of fine people who could lead this country. but what you need are people who when they say they're going to do something, they go do it. what you need are when people see problems, they offer solutions to fix those problems. we're not getting that. look, we can grow this economy faster. that's what our five-point plan for a stronger middle class is about. 12 million jobs, higher take home pay, gettin
my-- the idea that they're so concerned about these deficits. as i pointed out, he voted to put two wars on a credit card. he did. >> we're going to the closing statements. >> just a second. >> you're going to have your closing statement. >> not raising taxes is not cutting taxes. by the way our budget. >> we have not raised taxes. >> 3% a year instead of $4.5%. >> not spend-- >> let me-- i want to talk to you very briefly before we go to closing...
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Oct 12, 2012
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we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we cannot estimate speeches. that is what we get, speeches. we are not getting leadership. mitt romney is qualified to fix the problems. his lifetime of experience is, what do we have for a president? he broke his promise to bring people together to solve the biggest problems. i would tell him we do not have to settle for this. >> i hope i will get equal time. >> you will get a few seconds, really. >> the two budgets the congressman has introduced have even serrated all of the things the middle-class has cared about. it will kick 200,000 children off
we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we...
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Oct 11, 2012
10/12
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he's turned a 2% deficit to an edge. florida, a one-point race before is still a one-point race. president up 48-47. before the debate, the president led 47-46. in ohio, the president maintains a shrinking but substantial lead. he has a six-point advantage, leading romney 51-45. the big difference, early voting. there in ohio, nearly one in five respondents tell us they've already voted. and if those who have voted, almost two-thirds have voted for president obama. and did the first debate sway any voters? the vast majority tell us they made up their minds before the debate. joining me now, lee, director of the marist poll. that's what i want to start off with. i thought it was remarkable that we're talking single digits here, 7% in florida, 7%, 6%, in these three states that said the debates mattered. among that small sliver of people, they all favored romney for those that say debates mattered. >> this is what we've been saying throughout the campaign. this electorate who picked sides early, the undecided has been low, those firmly committed to a candidate has been very high. a
he's turned a 2% deficit to an edge. florida, a one-point race before is still a one-point race. president up 48-47. before the debate, the president led 47-46. in ohio, the president maintains a shrinking but substantial lead. he has a six-point advantage, leading romney 51-45. the big difference, early voting. there in ohio, nearly one in five respondents tell us they've already voted. and if those who have voted, almost two-thirds have voted for president obama. and did the first debate sway...
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Oct 11, 2012
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the competitiveness deficit. and we need to recognize that there are many different kinds of deficits, of which the financial deficit is only one. spent i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> look at what president obama did on the budget, nothing except the borrow and spend. and as result of the president's abdication of leadership, as a result of saying the most predictable economic crisis in our countries history and not fixing it, our credit rating was downgraded for the first time in our history. >> we laid out a $4 trillion debt reduction plan over the next 10 years. 4 trillion. we have already passed 1 trillion of it. ladies and gentlemen, these guys vote against everything. not only do they say they don't like a plan, i get that. you don't like our plan. what's your plan? >> tonight congressman paul ryan and vice president joe biden will face off in the only debate
the competitiveness deficit. and we need to recognize that there are many different kinds of deficits, of which the financial deficit is only one. spent i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> look at what president obama did on the budget, nothing except the borrow and spend. and as result of the president's abdication of...
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Oct 12, 2012
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we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we cannot estimate speeches. that is what we get, speeches. we are not getting leadership. mitt romney is qualified to fix the problems. his lifetime of experience is, what do we have for a president? he broke his promise to bring people together to solve the biggest problems. i would tell him we do not have to settle for this. >> i hope i will get equal time. >> you will get a few seconds, really. >> the two budgets the congressman has introduced have even serrated all of the things the middle-class has cared about. it will kick 200,000 children off
we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we...
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Oct 10, 2012
10/12
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if you really are going to make a dent in deficit reduction you don't pick on things like big bird. you pick on big things like tax cuts for multimillionaires. and -- so -- no, i don't think it is an irrelevant point but i agree we ought to be talking about what the next four years will bring because it looks like romney administration would just be one big surprise party. we have no idea what that is going to be like. so -- but i think the president and the vice president really do need to give the american people a clear sense of where they want to go. >> well, let's talk about that reset because, obviously the president did take a hit in the debate. and there have been a lot of headlines about worried democrats. do you think he needed to make the adjustments? we are hearing about it in his campaign. if he needs to do more, congressman, what is it? >> well, again, you know, i don't think the american people are really interested in who wins the fight between candidates. i think they want inform know what president obama is really willing to fight for. and he's talked time and time
if you really are going to make a dent in deficit reduction you don't pick on things like big bird. you pick on big things like tax cuts for multimillionaires. and -- so -- no, i don't think it is an irrelevant point but i agree we ought to be talking about what the next four years will bring because it looks like romney administration would just be one big surprise party. we have no idea what that is going to be like. so -- but i think the president and the vice president really do need to...
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Oct 12, 2012
10/12
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we have had four budgets, four trillion dollar deficits. we can't keep spending and borrowing like this. we can't be spending money we don't have. leaders run the problems and fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. romney put ideas on the table. we have to tackle the crisis before it tackles us. we asked his budget office, can you see the plan? he gave us a copy of the speech. tell us what president obama's plan is, they say it is a speech. we can't estimate speeches. that is what we get with this administration. the speeches, but no leadership. mitt romney is uniquely qualified to fix these problems. and what do we have? the president broke his big promised to bring people together to solve the country's biggest problems. we don't have to settle for this. i hope i will get equal time. >> you will get a few seconds, really. >> the two budgets have eviscerated all the things the middle class cares about. it will mock 19 million people off of medicare and k
we have had four budgets, four trillion dollar deficits. we can't keep spending and borrowing like this. we can't be spending money we don't have. leaders run the problems and fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. romney put ideas on the table. we have to tackle the crisis before it tackles us. we asked his budget office, can you see the plan? he gave us a copy of the speech. tell us what president obama's...
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Oct 11, 2012
10/12
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you are going to blow a hole in the deficit that is huge. that will reach the swing voters more than anything i think. >> bill: it's 21 minutes after the hour. join the program and the conversation at 866-55-press. we'll be right back. >> announcer: this is the "bill press show." of this democracy and see your tweets up on our screen. >>now that's politically direct. endless shrimp is our most popular promotion at red lobster. there's so many choices, the guests love it! [ male announcer ] don't miss endless shrimp, just $14.99! try as much as you like, anyway you like. like new teriyaki grilled shrimp. offer ends soon! my name is angela trapp, and i sea food differently. the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation.
you are going to blow a hole in the deficit that is huge. that will reach the swing voters more than anything i think. >> bill: it's 21 minutes after the hour. join the program and the conversation at 866-55-press. we'll be right back. >> announcer: this is the "bill press show." of this democracy and see your tweets up on our screen. >>now that's politically direct. endless shrimp is our most popular promotion at red lobster. there's so many choices, the guests love...
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Oct 11, 2012
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> well, it may just be the vp debate. the second tier battle for the top ticket in the country, but tonight's debate between joe biden and paul ryan will unubtedly be watched by millions. and while some say a vp debate doesn't hold much sway, you just try telling that to the roughly 70 million people who watched the last vp contest on tv. it was back in 2008. vice presidential candidates joe biden versus sarah palin. >> nice to meet you. hey, can i call you joe? >> you can call me joe. >> thank you. thank you, gwen. thank you. thank you, thank you. >> say it ain't so, joe. there you go again pointing backwards again. you plefrsed your whole comment with the bush administration. >> say it ain't so, joe. i love that. as mentioned, 70 million people watched that debate. that's 10 million more than last week's debate between the presidential candidates. one woman who know as thing or two about prepping such,
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> well, it may just be the vp debate. the second tier battle for the top ticket in the country, but tonight's debate between joe biden and paul ryan will unubtedly be watched by millions. and while some say a vp debate doesn't hold much sway, you just try telling that to the roughly 70 million people who...
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Oct 12, 2012
10/12
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get the deficit and debt under control to prevent a debt crisis. make trade in america and sell things overseas and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting hip. let me tell but the mitt romney i know. this is a guy who i was talking to a family in north borough, massachusetts, sherylin mark-nixon. their kids were hit in a car crash, four of them. two of them were paralyzed. the romneys didn't know them. they never met. mitt asked to come over for christmas. he brought his boys, his wife and gifts. later on, he said, i know you are struggling, mark, don't worry about their college, i will pay for it. when mark told me this story -- mitt romney doesn't tell these stories. the nixons told me this story. when he told me the story, it wasn't the cash help, it's that he gave his time and he has consistently. this is a man who gave 30% of his income to charity, more than the two of us combined. mitt romney's good man. he cares
get the deficit and debt under control to prevent a debt crisis. make trade in america and sell things overseas and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting hip. let me tell but the mitt romney i know. this is a guy who i was talking to a family in north borough, massachusetts, sherylin mark-nixon. their kids were hit in a car crash, four of them. two of them were...
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Oct 11, 2012
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we have reduced the federal deficit $70 billion. and senator bentsen voted against gramm-rudman, the very tool that has been used to bring the federal deficit down. we are going to need all the tools possible to bring the deficit down. we need the tools of the line-item veto. a line-item veto that 43 governors in this country have but not the president of the yunus -- united states. the president needs to have a veto when congress goes ahead and puts into appropriations bill unnecessary spending. let the president put a line through that and send it back to the congress and that the congress vote on it again. congress has got to help out in reducing this budget deficit as much as the executive branch. >> moderator: tom brokaw a last question for senator bentsen. >> you are running on the ticket with michael dukakis and a man who is opposed to the death penalty, a man who is in favor of gun control and at the same time you're running for the united states senate and the state of texas where your position on many of those same issues
we have reduced the federal deficit $70 billion. and senator bentsen voted against gramm-rudman, the very tool that has been used to bring the federal deficit down. we are going to need all the tools possible to bring the deficit down. we need the tools of the line-item veto. a line-item veto that 43 governors in this country have but not the president of the yunus -- united states. the president needs to have a veto when congress goes ahead and puts into appropriations bill unnecessary...
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Oct 7, 2012
10/12
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and turn this deficit and trade around. that is the sort of thing that michael dukakis and i will do to bring about a better america for older people. >> senator quayle, a minute to respond. >> senator bentsen did not tell you very much about what gov. dukakis will do. donor do catkins, one of the most liberal governors in america. he has raised taxes five times. he just raised taxes last year. that is why i love people refer to him as tax hike mike. that is why they refer to the state of massachusetts as tax achussetts. i don't blame senator bentsen for not talking about michael dukakis. his talking more about his record. i had to blame the federal policies of -- the liberal policies of michael dukakis, i wouldn't do that either. >> you have the to protect the social security trust fund. but you must know that there's something to the argument of your fellow democrat bob strauss that some strain on security growth is needed or to tax social secure benefits as regular income. you spoke for a six-month delay on cost of milk
and turn this deficit and trade around. that is the sort of thing that michael dukakis and i will do to bring about a better america for older people. >> senator quayle, a minute to respond. >> senator bentsen did not tell you very much about what gov. dukakis will do. donor do catkins, one of the most liberal governors in america. he has raised taxes five times. he just raised taxes last year. that is why i love people refer to him as tax hike mike. that is why they refer to the...
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Oct 12, 2012
10/12
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we want to have big bipartisan agreements. see, i understand -- >> do you have the specifics, do you have the -- >> that would be the first in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you...
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Oct 6, 2012
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one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. 29%
one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries....
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Oct 12, 2012
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where the hell did this deficit come from? you guys gave it to us. and you never show the policy. >> jennifer: yeah he came back from the molarky at the very start, there were a number times that it was just boom, boom. >> john: i wish i made mularkey my drinking game word -- >> jennifer: or friend. >> eliot: paul ryan didn't use the very -- especially as we were chatting a few moments ago when joe biden said you know i believe and mean what i say. well mr. vice president you just said this -- >> cenk: biden mentioned the 47% a couple of times. heated discussion continues after the break. and we'll have you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. enttv
where the hell did this deficit come from? you guys gave it to us. and you never show the policy. >> jennifer: yeah he came back from the molarky at the very start, there were a number times that it was just boom, boom. >> john: i wish i made mularkey my drinking game word -- >> jennifer: or friend. >> eliot: paul ryan didn't use the very -- especially as we were chatting a few moments ago when joe biden said you know i believe and mean what i say. well mr. vice...
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Oct 14, 2012
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washington has run four straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue it took in 2.5 trillion of taxes but spent 3.5 trillion it is now going to hit the limit before the year is out. the each of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. nonether than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is john browne he believes they do not deserve the award. we also have the opposing view. richard, i will read the review of the european union for over six decades continue to the event apiece and reconciliation and human-rights in europe. why do you think they chose the e.u.? >> first, you and i are young but if you look back 70 years they only had the balkans war. europe has been saved and pay it -- peaceful. is a little aspiration all. that the european union do more. >> should you have the economies that were also? >> piece was insured by nato and the deterrent combined with the united kingdom i
washington has run four straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue it took in 2.5 trillion of taxes but spent 3.5 trillion it is now going to hit the limit before the year is out. the each of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. nonether than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is...
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Oct 14, 2012
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he promised to cut the deficit in half four years. we have had four budgets, four trillion-dollar deficits. a debt crisis is coming. we can't keep spending and borrowing money we don't have. leaders run to problems to fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. i have passed two budgets to deal with it. mitt romney has put five years on the table. we have to tack thel debt crisis before it tackles us. the president likes to say he has a plan. he gave a speech. we asked the budget office, can we see the plan? he gave us a copy of the speech. we asked the cbo, tell us about the budget. they said, it's a speech. we can't estimate speeches. you see? that's what we get in the administration, speeches. we are not getting leadership. mitt romney is uniquely qualified to fix these problems. his lifetime of experience, his proven track record of bipartisanship. and what do we have from the president? he broke the big promise to bring people together to solve the
he promised to cut the deficit in half four years. we have had four budgets, four trillion-dollar deficits. a debt crisis is coming. we can't keep spending and borrowing money we don't have. leaders run to problems to fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. i have passed two budgets to deal with it. mitt romney has put five years on the table. we have to tack thel debt crisis before it tackles us. the...
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Oct 10, 2012
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. >> your also worried about the deficit. clearly america has large and ever-growing deficits. the proposed a tax cut. that is defecit spending. >> this is a two-step deal. everybody knows we need the big deal. we talk about that and 30 seconds. we're not going to get to the big deal by jumping off the bridge. what we're saying is that it is not the right thing to do to have the largest tax increase in the history of america and to have up $1.20 trillion worth of spending cuts that do not even look at medicare and medicaid across the board without thinking through what is the deal is going to be. anybody from either party should come to a realization that the big deal counts. all we need to do is get a small part of an extension. when you talk about these taxes and spending, it cannot be done by 10 people in the back room. it has to be done in normal order. they are the only people that understand what you're in those bills. >> to and if you really think we're going to jump off a fiscal cliff? >> i think it is at least that the tax cut scheduled to expire to expire. maybe sligh
. >> your also worried about the deficit. clearly america has large and ever-growing deficits. the proposed a tax cut. that is defecit spending. >> this is a two-step deal. everybody knows we need the big deal. we talk about that and 30 seconds. we're not going to get to the big deal by jumping off the bridge. what we're saying is that it is not the right thing to do to have the largest tax increase in the history of america and to have up $1.20 trillion worth of spending cuts that...
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Oct 13, 2012
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we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone would like to know the answers to these questions, but you have professional groups disagreeing about the economic impact of these things. so we don't really know. >> we have more clarity on the spending side where romney has said he wants to limit federal spending which would mean significant reductions in what the federal government does on a whole variety of fronts. even romney has said $500 billion a year in cuts by 2016. so that is a major difference that's out there. >> that's easier said than done as we know from covering congress for many years. >> and big bird is obvio
we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone...
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Oct 7, 2012
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we are ready to have a deficit reduction deal that is big, bold, and balanced. we also understand that in addition to spending cuts you go got to have revenue. hope that moderate republicans will be empowered to negotiate that with us for the good of the country. we have eight minutes left here.x >> congressman, you talked a little bit about that.xxx you know, when we come back and in november and to the capital, all of the congress, all the members of congress including some of the tea party members you hope to defeat this remember will still be here, will still be voting members until at least january, how do you navigate that if democrats are successful in november? >> time in thinking the day after. am focus on how to get into a position where we within the house of representative then we can reach out and cross the aisle and talk to moderate republicans and maybe even to some tea party republicans who have now bee been, have now learned the lesson firsthand as painful it may be that extremism is not a virtue. and maybe we'll be able to talk some sense into
we are ready to have a deficit reduction deal that is big, bold, and balanced. we also understand that in addition to spending cuts you go got to have revenue. hope that moderate republicans will be empowered to negotiate that with us for the good of the country. we have eight minutes left here.x >> congressman, you talked a little bit about that.xxx you know, when we come back and in november and to the capital, all of the congress, all the members of congress including some of the tea...